Ethereum Classic Trading 1.8% Lower This Week (ETC)

Ethereum Classic (ETC) traded 4% lower against the US dollar during the 1-day period ending at 0:00 AM E.T. on May 10th. Over the last week, Ethereum Classic has traded down 1.8% against the US dollar. Ethereum Classic has a market capitalization of $3.88 billion and $197.46 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. One Ethereum Classic coin can now be purchased for $26.42 or 0.00043509 BTC on popular exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

  • Bitcoin (BTC) traded down 3.4% against the dollar and now trades at $60,732.56 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 4.2% lower against the dollar and now trades at $0.14 or 0.00000237 BTC.
  • Bitcoin Cash (BCH) traded down 4.5% against the dollar and now trades at $431.07 or 0.00709787 BTC.
  • Litecoin (LTC) traded 3.2% lower against the dollar and now trades at $80.35 or 0.00132307 BTC.
  • UNUS SED LEO (LEO) traded 0.3% higher against the dollar and now trades at $5.93 or 0.00009766 BTC.
  • Arweave (AR) traded 0.8% lower against the dollar and now trades at $41.32 or 0.00068031 BTC.
  • Monero (XMR) traded 0.3% lower against the dollar and now trades at $131.89 or 0.00217162 BTC.
  • Bitcoin SV (BSV) traded 4.6% lower against the dollar and now trades at $61.63 or 0.00101474 BTC.
  • eCash (XEC) traded 4.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Conflux (CFX) traded 3.9% lower against the dollar and now trades at $0.21 or 0.00000345 BTC.

Ethereum Classic Profile

ETC is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its launch date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 146,987,543 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. Ethereum Classic’s official website is ethereumclassic.org. The official message board for Ethereum Classic is ethereumclassic.org/news. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here.

According to CryptoCompare, “Ethereum Classic (ETC) is a decentralized, open-source blockchain platform that uses proof-of-work consensus to execute and store smart contracts and dApps. It was created in July 2016 by a group of developers and users who opposed the Ethereum Foundation’s decision to hard fork the Ethereum blockchain in response to the “DAO hack.” ETC is used for a variety of purposes, including creating dApps and issuing tokens, and has a strong focus on immutability and censorship-resistance. It is led by a team of developers and supported by a global community of users and organizations.”

Ethereum Classic Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to trade Ethereum Classic should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Classic using one of the exchanges listed above.

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